您的位置:三立在线 > 大焖锅 > VOA > VOA英语——2010年12月03日慢速b
400-808-3771

VOA英语——2010年12月03日慢速b

2011-03-10 14:49 三立在线 admin

分享到:

在线咨询潘老师郑老师免费热线:13734433272

摘要:This is the VOA Special English Economics Report. Commodities are basic materials that are used and traded worldwide. The price of commodities helps determine how much a business can charge for a product and the profit it can make. Commodit

This is the VOA Special English Economics Report.

Commodities are basic materials that are used and traded worldwide.  The price of commodities helps determine how much a business can charge for a product and the profit it can make.  Commodity prices have reached a two-year high since falling sharply during the world financial crisis.

Hard commodities are materials like iron ore, oil and gold.  Agricultural products are soft commodities.  These include wheat, cotton and rice.

Economic measures show the world economy is recovering unevenly.  China and India, for example, have reported strong growth in manufacturing. Developed nations have had slower growth.


John James is a business professor at Pace University in New York State.  He says demand in developing economies can push up prices for commodities like oil and iron ore used for making steel.  But, he says, changing currency values can also influence prices.

JOHN JAMES: “The spike in the price of commodities [is] a reflection of the instability of both the euro and the dollar and the best example of that, of course, is gold.”

Gold prices have reached record levels in recent months.  That means gold dealers must pay more for the commodity now than they did only a year ago. That affects current prices.

Not surprisingly, manufacturers want some control over the prices they pay for commodities.  Futures contracts are agreements between a buyer and a seller to exchange something at a set price at some time in the future.  These contracts let buyers lock in a price for basic materials.

But some traders in futures markets only want to make a profit.  They buy or sell contracts depending on the direction they believe prices will go.  These speculators get blamed when prices rise, or fall, too quickly.

The United States, Germany and France are looking into ways to limit this kind of trading.

Some experts say exporting commodities is not a good path to long-term economic growth.  The United Nations recently reported that the least developed countries must change their economies to provide good incomes for their citizens.

Supachai Panitchpakdi leads the UN development group UNCTAD.  He says the least developed countries need to cut dependence on commodities and manufacture products for export.  He says only this will let them gain from world trade.

And that’s the VOA Special English Economics Report, written by Mario Ritter.  Follow us on Facebook, Twitter, YouTube and iTunes at VOA Learning English. http://www.hxen.com  I’m Steve Ember.



相关字搜索:VOA   英语   2010年   12月   03日      
在线咨询

Copyright ©2004-2018 www.xiaoma.com All Rights Resserved 三立在线版权所有

咨询电话:400-808-3771 地址:上海市静安区愚园路172号B座12楼

关于我们 网站地图

沪ICP备16042710号-7

京公网安备 11010802021370号













无法在这个位置找到: kefu_code.htm